Netlist insider plans $690K sale of 100K shares

Netlist, Inc. insider Gail M. Sasaki has filed a notice to sell common stock.

Rhea-AI Filing Summary

Netlist, Inc. insider Gail M. Sasaki has filed a notice to sell common stock. The filing lists a planned sale of 100,000 shares of common stock of Netlist, Inc. through Needham and Company LLC, with an aggregate value of $690,660.00, to be sold on or after August 17, 2026 on the OTCQB market. The notice also outlines common shares issuable from vested restricted stock units scheduled between January 2025 and May 2026, and reports several prior sales of common stock by Gail M. Sasaki during May and August 2026.

Key Figures

Planned shares to be sold: 100000 shares Aggregate value of planned sale: $690,660.00 Sale on May 11, 2026: 25000 shares; $87,250.00 +5 more

8 metrics

Planned shares to be sold 100000 shares Common stock of Netlist, Inc. to be sold through Needham and Company LLC

Aggregate value of planned sale $690,660.00 Planned sale of 100,000 Netlist, Inc. common shares on or after August 17, 2026

Sale on May 11, 2026 25000 shares; $87,250.00 Common shares of Netlist, Inc. sold by Gail M. Sasaki

Sale on May 15, 2026 8876 shares; $23,311.93 Common shares of Netlist, Inc. sold by Gail M. Sasaki

Sale on August 5, 2026 25000 shares; $99,750.00 Common shares of Netlist, Inc. sold by Gail M. Sasaki

Sale on August 12, 2026 25000 shares; $112,250.00 Common shares of Netlist, Inc. sold by Gail M. Sasaki

RSUs vesting January 13, 2025 15706 shares Vested Restricted Stock Units in Netlist, Inc. common stock as equity compensation

RSUs vesting January 25, 2025 62152 shares Vested Restricted Stock Units in Netlist, Inc. common stock as equity compensation

Key Terms

Vested Restricted Stock Units, Equity Compensation, OTCQB

3 terms

Vested Restricted Stock Units financial

"Common | 01/13/2025 | Vested Restricted Stock Units | Netlist, Inc"

Equity Compensation financial

"01/13/2025 | Equity Compensation Common | 01/25/2025"

Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.

OTCQB market

"349583129 | 08/17/2026 | OTCQB"

OTCQB is a tier of the over‑the‑counter (OTC) market where smaller or developing companies list their shares for trading without being on a major stock exchange. Think of it like a well‑kept side street market: companies must meet basic reporting and transparency checks so investors get more information than the lowest OTC tier, but trading is usually less liquid and riskier than on big exchanges. Investors care because OTCQB listings can offer early access to growth stories but come with higher price swings and greater chance of limited resale options.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does NLST’s Form 144 filing disclose about planned share sales?

The filing discloses a planned sale of 100,000 shares of Netlist, Inc. common stock with an aggregate value of $690,660.00, to be sold through Needham and Company LLC on or after August 17, 2026 on the OTCQB market.

Who is the selling security holder in Netlist (NLST)’s Form 144 and what has she sold recently?

The selling security holder is Gail M. Sasaki. The filing reports sales of 25,000 Netlist common shares on May 11, 2026, 8,876 shares on May 15, 2026, 25,000 shares on August 5, 2026, and 25,000 shares on August 12, 2026.

What were the aggregate values of recent NLST share sales reported for Gail M. Sasaki?

The filing reports aggregate sale values of $87,250.00 on May 11, 2026, $23,311.93 on May 15, 2026, $99,750.00 on August 5, 2026, and $112,250.00 on August 12, 2026, for Netlist, Inc. common stock.

How is Needham and Company LLC involved in the NLST Form 144 transaction?

Needham and Company LLC is listed as the broker for the planned sale of 100,000 shares of Netlist, Inc. common stock, with an aggregate value of $690,660.00, to be sold on or after August 17, 2026 on the OTCQB market.

What equity compensation underlies the NLST shares in the Form 144 filing?

The filing shows Netlist, Inc. common shares arising from Vested Restricted Stock Units as equity compensation, including 15,706 shares vesting on January 13, 2025, 62,152 shares on January 25, 2025, 15,857 shares on March 16, 2025, 6,083 shares on September 6, 2025, and 202 shares on May 15, 2026.

On which market are the planned NLST share sales expected to occur?

The planned sale of 100,000 Netlist, Inc. common shares with an aggregate value of $690,660.00 is listed as occurring on the OTCQB market on or after August 17, 2026, with Needham and Company LLC as broker.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/17/2026 - 02:59 PM Accepted by SEC EDGAR 08/17/2026 - 02:58 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001422990
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	NETLIST INC
SEC File Number	001-33170
Address of Issuer	111 ACADEMY, SUITE 100 IRVINE CALIFORNIA 92617
Phone	949-435-0025
Name of Person for Whose Account the Securities are To Be Sold	SASAKI GAIL M
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Needham and Company LLC 250 Park Avenue, 10th Floor New York NY 10017	100000	690660.00	349583129	08/17/2026	OTCQB

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	01/13/2025	Vested Restricted Stock Units	Netlist, Inc			15706	01/13/2025	Equity Compensation
Common	01/25/2025	Vested Restricted Stock Units	Netlist, Inc			62152	01/25/2026	Equity Compensation
Common	03/16/2025	Vested Restricted Stock Units	Netlist, Inc			15857	03/16/2025	Equity Compensation
Common	09/06/2025	Vested Restricted Stock Units	Netlist, Inc			6083	09/06/2025	Equity Compensation
Common	05/15/2026	Vested Restricted Stock Units	Netlist, Inc			202	05/15/2026	Equity Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Gail M Sasaki 111 ACADEMY SUITE 100 IRVINE CA 92617	Common	05/11/2026	25000	87250.00
GAIL M SASAKI 111 ACADEMY SUITE 100 IRVINE CA 92617	Common	05/15/2026	8876	23311.93
GAIL M SASAKI 111 ACADEMY SUITE 100 IRVINE CA 92617	Common	08/05/2026	25000	99750.00
GAIL M SASAKI 111 ACADEMY SUITE 100 IRVINE CA 92617	Common	08/12/2026	25000	112250.00

144: Remarks and Signature

Remarks
Date of Notice	08/17/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	09/12/2025
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/Needham and Company LLC, on behalf of Gail M Sasaki
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)